Senior management was not told of dire GuySuCo situation – sources

Chief Executive Officer of the Guyana Sugar Corporation, Dr Rajendra Singh met with senior management last week to expand on its three-year strategy but made no mention of the dire financial straits that the company was in, sources say.

He later blindsided many in management by subsequently revealing to the sugar unions that if financial assistance wasn’t received, operations of the ailing company would cease by Sunday coming.

The new APNU+AFC government is evaluating the current status of the corporation in